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    A static game model with incomplete information based on the first price sealed auction is established, which is used for selling initial permits by auction in the tradable emission permits system.

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    This paper analyzes the bidding game model of project tender company with incomplete information in the bidding market of bill of quantities, by using the first-price sealed auction.

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    Three kinds of complex bid is studied: first price sealed-bid auction, second price sealed-bid auction, and clearing price auction.

    youdao

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    Three kinds of complex bid is studied: first price sealed-bid auction, second price sealed-bid auction, and clearing price auction.

    youdao

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